Power Your Creative Business with Integrated Media & Entertainment ERP

VOIITS maintains a royalty schedule per rights agreement, specifying the triggering event (broadcast, stream, DVD unit, sync license), the applicable rate, and the payee. When a qualifying transaction is posted, the system accrues the corresponding royalty liability under IFRS and queues the payable for the next payment run, replacing error-prone manual calculations that delay quarterly statements to talent and publishers.

Yes. VOIITS Project Management supports unlimited concurrent projects, each with its own budget structure, cost codes, purchase orders, and team allocations. PO commitments reduce available budget in real time, so department heads see their true remaining balance before committing additional spend, not just what has been invoiced yet.

VOIITS Finance supports configurable intangible asset classes that let you capitalize production costs at the title level, assign an amortization method (individual-film-forecast or straight-line under IFRS), and post monthly entries automatically. The system also supports impairment flagging based on estimated future cash flows, giving finance the control points auditors require for content asset accounting in Dubai Media City or twofour54.

A UAE production company or mid-sized streaming service typically goes live on Finance, Project Management, and Procurement within 14-18 weeks. Adding HR, Payroll, and CRM for licensing and syndication deal management extends the full rollout to 20-24 weeks, with VOIITS providing pre-built chart-of-accounts templates aligned to UAE Media Council and Dubai Media City accounting standards.

Yes. VOIITS supports multi-currency transactions and maintains royalty payable balances in each rights holder's settlement currency. FX revaluation runs automatically at period close under IFRS, with exchange gains or losses posted to the correct GL account, which is essential for UAE studios and distributors managing international co-production and licensing arrangements.

VOIITS HR and Payroll support fixed-term and project-based employment arrangements common in UAE production, including daily rates, overtime triggers under UAE Labour Law, end-of-service gratuity accruals, and per-diem allowances. Payroll runs can be scoped to a specific production with costs posted directly to the project cost object, giving production accountants accurate above-the-line and below-the-line splits without manual allocation journals.